Technical Analyst, E Mathew is of the view that ICICI Bank can test Rs 475-480....

According to Anand Rathi Securities' report, The immediate support for the Nifty will be at 3080 level and the resistance at 3480 level....

Ambuja Cements has touched a 52-week low of Rs 60.75. At 11:26 am, the share was quoting at Rs 61.75, down Rs 2.2, or 3.44%. It was trading with volumes of 137,392 shares. On Friday the share closed down 11.79% or Rs 8.55 at Rs 63.95....

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Orbit Corporation Limited has informed the Exchange regarding a press release dated October 13, 2008, titled "Orbit Corp Q2 FY09 net at 13.71 Cr; Consolidated Income for Q2FY09 at 74.07 Cr". Further the Company has also submitted to the Exchange a copy of Presentation on the Un-audited Financial Results for the quarter ended September 30, 2008 and FAQs on the Un-audited Financial Results for the quarter ended September 30, 2008. A copies of the above shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

Hindalco Industries Ltd. has informed the Exchange that "This has reference to the allotment of 8 Crore Warrants made by us on April 11, 2007 on a preferential basis to IGH Holdings Private Limited in pursuance of the approval accorded by the Members of the Company at the EGM held on February 25, 2007 and in respect of which in principle approval was granted by the Stock Exchanges. The holder of each warrant was entitled to apply for and obtain allotment of one Equity Share against each Warrant at the rate of Rs.173.87 per share. The Company had received Rs.17.387 against each Warrant on 10/04/2008. As per the provisions of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines 2000, the Warrant Holder can exercise the right for conversion of Warrant into Equity Shares within 18 months from the date of the allotment i.e. within 18 months from 11/04/2007 by paying the balance amount. Please note that IGH Holdings Private Limited has not exercised its right for conversion of the Warrants into shares within the time stipulated under the preferential guidelines. Accordingly, the aforesaid Warrants now stands lapsed". ...

ICICI Securities Limited has informed the Exchange regarding the Revised Daily Report of Buyback of HEG Limited equity shares on October 13, 2008, the details of which are as follows: (a) Name of the Broker: Bharat Bhushan Equity Traders Limited. (b) Date of buyback: October 13, 2008; (c) No. of equity shares bought back on BSE: 0; d) No. of equity shares bought back on NSE : 2875 ; (e) Total no. of equity shares bought back: 2875; (f) Average Price of Acquisition (Rs.): 142.2700 (a) Name of the Broker: ICICI Securities Ltd; (b) Date of buyback: October 13, 2008; (c) No. of equity shares bought back on BSE: 10832; (d) No. of equity shares bought back on NSE: 0; (e) Total no. of equity shares bought back: 10832; (f) Average Price of Acquisition (Rs.): 142.5000; (g) Cumulative Equity Shares bought as on October 10, 2008: Nil; (h) Quantity Closed Out on October 13, 2008 - Nil; (i) Quantity Closed out as on October 10, 2008 - Nil; (j) Total Quantity Closed Out - Nil; (k) Total Equity Shares bought back as on October 13, 2008: 13,707....

Sagar Cement now available at"Bargain Basement"prices!!...

yes dude ...dre no problem at OLl exceep rumours !...

Promoters now have 95% share holding and the public holding has come to less than 10%. Moot point is will the promoters now delist the company - if so when ans what will be the price offered to existing shareholders. Would welcome some intelligent reactions. rpgarga...

What postal ballot? I am holding 3400 shares. Consider the small equity base of the company, 3400 is a substantial number of shares for a small retail investor, and I got no postal ballot!!! This management is a big chor. They treat small investors will a lot of disdain. I have not plan what they plan to do next. 150 cr is ten times the size of theit IPO. Are they looking at equity dilution???? Cheers, D....

The bull and the bear market are cycles and none is permanent. Each one of them will pass. The key here is to stay focused on your goals and not to get swayed by market conditions keeping in mind the asset allocation. Now would be a good time to check your equity allocation as it must have deviated from your actual allocation and if nothing has changed for you, then better to prop up your equity allocation at this juncture and bring back your asset allocation to the original that you are comfortable with. Regards, Wadia ...

It was very much expected....

I have purchased 130 units @ Rs 713.30 on 17/06/08 , i have analysed that its not doing good at all , i feel selling it and purchase ICICI Bank or HDFC Bank will help me to recover my amount which has been lost is Dr Reddy ....